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Topic: The latest Avalon announcement in China(Translated). Batch #3, price and more. - page 3. (Read 36556 times)

sr. member
Activity: 336
Merit: 251
Avalon ASIC Team

Well I do commend you for killing the 100+ orders, but is it really fair to let some people order 4-10 units while others don't even have a chance because the payment site went belly up?  It is your company and your decision, my opinion is a lottery system or even just limiting orders to 2 per address/person would have been more fair.

People who deserve respect...well some people behave on this site differently from their outside lives - yes you can see their greed in their emails to you.

I did not mean any disrespect about the heritage.  What I am saying is sometimes people don't understand the way people word things because sayings are different in different parts of the world.  My parents speech is often viewed as blunt or harsh, but guess that's the way we Chinese are lol.

To shred some light, you can ask libertybuck, that was a group order, we didn't in fact allow people to order a lot of units per person. and as for payment site bellying up, that was totally our fault.
DrG
legendary
Activity: 2086
Merit: 1035

Let me give you case in point - Libertybuck (in China) with 18 Avalon units would be minimally 1.2 TH/s.  Allowing one person to order than many units while other could not get even one order in seems like they didn't really follow through on what they were preaching.

They should be commended for their hard work as opposed to the comedy/tragedy act that is BFL, but their Oligarchy (Bitsyncom demanding respect from his customers) needs some retooling.  And no it's not a cultural thing I'm misreading since my parents are from mainland also.

LOL, I've rejected multitude of 100+ orders and even an offer to buy out the whole 300 unit lot, if we want to min-max I wouldn't even reply to you.

out of the numerous email I get a day, about 30% is people asking how can I pay me $$$$ to get faster shipment, talk about respect.

I'll respect people who deserves it.

Also, what does your parents have to do with anything. Some people in china got their units earlier due to Chinese New Year, or are you too detached from China growing up outside and all, considering you didn't say you were also from mainland that you don't actually understand CNY's impact on business?

LOL


Well I do commend you for killing the 100+ orders, but is it really fair to let some people order 4-10 units while others don't even have a chance because the payment site went belly up?  It is your company and your decision, my opinion is a lottery system or even just limiting orders to 2 per address/person would have been more fair.

People who deserve respect...well some people behave on this site differently from their outside lives - yes you can see their greed in their emails to you.

I did not mean any disrespect about the heritage.  What I am saying is sometimes people don't understand the way people word things because sayings are different in different parts of the world.  My parents speech is often viewed as blunt or harsh, but guess that's the way we Chinese are lol.
hero member
Activity: 798
Merit: 1000
I'll respect people who deserves it.
Please, post your guideline to be respected. I just simply don't understand, what I should do, to get info from you or ngzhang?
full member
Activity: 205
Merit: 100

Let me give you case in point - Libertybuck (in China) with 18 Avalon units would be minimally 1.2 TH/s.  Allowing one person to order than many units while other could not get even one order in seems like they didn't really follow through on what they were preaching.

They should be commended for their hard work as opposed to the comedy/tragedy act that is BFL, but their Oligarchy (Bitsyncom demanding respect from his customers) needs some retooling.  And no it's not a cultural thing I'm misreading since my parents are from mainland also.

LOL, I've rejected multitude of 100+ orders and even an offer to buy out the whole 300 unit lot, if we want to min-max I wouldn't even reply to you.

out of the numerous email I get a day, about 30% is people asking how can I pay me $$$$ to get faster shipment, talk about respect.

I'll respect people who deserves it.

Also, what does your parents have to do with anything. Some people in china got their units earlier due to Chinese New Year, or are you too detached from China growing up outside and all, considering you didn't say you were also from mainland that you don't actually understand CNY's impact on business?

LOL


Hi,Yifu,
what does 8:30AM EST, 3/25/2013 mean?batch 3 release time?
and when can we get the payment instruction of paying by CNY
sr. member
Activity: 336
Merit: 251
Avalon ASIC Team

Let me give you case in point - Libertybuck (in China) with 18 Avalon units would be minimally 1.2 TH/s.  Allowing one person to order than many units while other could not get even one order in seems like they didn't really follow through on what they were preaching.

They should be commended for their hard work as opposed to the comedy/tragedy act that is BFL, but their Oligarchy (Bitsyncom demanding respect from his customers) needs some retooling.  And no it's not a cultural thing I'm misreading since my parents are from mainland also.

LOL, I've rejected multitude of 100+ orders and even an offer to buy out the whole 300 unit lot, if we want to min-max I wouldn't even reply to you.

out of the numerous email I get a day, about 30% is people asking how can I pay me $$$$ to get faster shipment, talk about respect.

I'll respect people who deserves it.

Also, what does your parents have to do with anything. Some people in china got their units earlier due to Chinese New Year, or are you too detached from China growing up outside and all, considering you didn't say you were also from mainland that you don't actually understand CNY's impact on business?

LOL
hero member
Activity: 519
Merit: 500
Quote
The price of each unit is the current mining difficulty which at the time of writing, just got readjusted to about 6,695,826. We take that number and multiply it by two ( predicting the network speed will double. ) and calculate the return in a thirty day window, which is about 75 bitcoins. See this site for more details.

Exactly what batch 2 opened at. Though the exchange rate was around $20 at that time and shipping was included at that time.

Batch #2 was a gift.

Hindsight improves one's vision...certainly didn't seem like a gift at the time. With shipping being pushed back, it's less of a gift, but I'll go along anyway if we get those extra expansion slots.

I don't know what numbers you were working on, but from my perspective, anyway I crunched the numbers, it was a more than 50% chance that these would ROI and possibly more.  I know BFL sounded like it was going down but I just don't have faith in them, really since the FPGA and how long those took and the serious lack of customer service.

I have zero faith in BFL...that's why I placed an order for an Avalon on 2/3. Had they not gotten that unit into Garzik's hands and gotten info out right before opening the order window it'd have been a whole lot tougher for me to press that buy button. The numbers were there, but Avalon guys were acting pretty creepy at that time.

They went from creepy to be self-aggrandizing preachers:

"If you recall, our original plan was to produce only one batch, sell chips to thwart the centralization of mining, but due to the lackluster performance of our competitors we are here today as the exact centralization we tried to decouple."

Let me give you case in point - Libertybuck (in China) with 18 Avalon units would be minimally 1.2 TH/s.  Allowing one person to order than many units while other could not get even one order in seems like they didn't really follow through on what they were preaching.

They should be commended for their hard work as opposed to the comedy/tragedy act that is BFL, but their Oligarchy (Bitsyncom demanding respect from his customers) needs some retooling.  And no it's not a cultural thing I'm misreading since my parents are from mainland also.
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
Ok so...the newsletter...

Does this mean the terms of batch #3 will be up to a vote, in approx. 8 hours? Is that right?

I think by "voting" they mean you can purchase now at the current price or they will keep the units and mine themselves for a time and then sell them cheaper later.

+1  - Basically, put up or shut up time. 
full member
Activity: 210
Merit: 100
Ok so...the newsletter...

Does this mean the terms of batch #3 will be up to a vote, in approx. 8 hours? Is that right?
sr. member
Activity: 434
Merit: 250
Quote
The price of each unit is the current mining difficulty which at the time of writing, just got readjusted to about 6,695,826. We take that number and multiply it by two ( predicting the network speed will double. ) and calculate the return in a thirty day window, which is about 75 bitcoins. See this site for more details.

Exactly what batch 2 opened at. Though the exchange rate was around $20 at that time and shipping was included at that time.

Batch #2 was a gift.

Hindsight improves one's vision...certainly didn't seem like a gift at the time. With shipping being pushed back, it's less of a gift, but I'll go along anyway if we get those extra expansion slots.

I don't know what numbers you were working on, but from my perspective, anyway I crunched the numbers, it was a more than 50% chance that these would ROI and possibly more.  I know BFL sounded like it was going down but I just don't have faith in them, really since the FPGA and how long those took and the serious lack of customer service.

I have zero faith in BFL...that's why I placed an order for an Avalon on 2/3. Had they not gotten that unit into Garzik's hands and gotten info out right before opening the order window it'd have been a whole lot tougher for me to press that buy button. The numbers were there, but Avalon guys were acting pretty creepy at that time.
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
Quote
The price of each unit is the current mining difficulty which at the time of writing, just got readjusted to about 6,695,826. We take that number and multiply it by two ( predicting the network speed will double. ) and calculate the return in a thirty day window, which is about 75 bitcoins. See this site for more details.

Exactly what batch 2 opened at. Though the exchange rate was around $20 at that time and shipping was included at that time.

Batch #2 was a gift.

Hindsight improves one's vision...certainly didn't seem like a gift at the time. With shipping being pushed back, it's less of a gift, but I'll go along anyway if we get those extra expansion slots.

I don't know what numbers you were working on, but from my perspective, anyway I crunched the numbers, it was a more than 50% chance that these would ROI and possibly more.  I know BFL sounded like it was going down but I just don't have faith in them, really since the FPGA and how long those took and the serious lack of customer service.   
sr. member
Activity: 434
Merit: 250
Quote
The price of each unit is the current mining difficulty which at the time of writing, just got readjusted to about 6,695,826. We take that number and multiply it by two ( predicting the network speed will double. ) and calculate the return in a thirty day window, which is about 75 bitcoins. See this site for more details.

Exactly what batch 2 opened at. Though the exchange rate was around $20 at that time and shipping was included at that time.

Batch #2 was a gift.

Hindsight improves one's vision...certainly didn't seem like a gift at the time. With shipping being pushed back, it's less of a gift, but I'll go along anyway if we get those extra expansion slots.
sr. member
Activity: 532
Merit: 261
­バカ
Quote
~6300USD
Oh! great news! now only Goldman Sachs will be able to get ASIC miners..
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
Quote
The price of each unit is the current mining difficulty which at the time of writing, just got readjusted to about 6,695,826. We take that number and multiply it by two ( predicting the network speed will double. ) and calculate the return in a thirty day window, which is about 75 bitcoins. See this site for more details.

Exactly what batch 2 opened at. Though the exchange rate was around $20 at that time and shipping was included at that time.

Batch #2 was a gift.
sr. member
Activity: 434
Merit: 250
Quote
The price of each unit is the current mining difficulty which at the time of writing, just got readjusted to about 6,695,826. We take that number and multiply it by two ( predicting the network speed will double. ) and calculate the return in a thirty day window, which is about 75 bitcoins. See this site for more details.

Exactly what batch 2 opened at. Though the exchange rate was around $20 at that time and shipping was included at that time.
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
*is currently updating the FAQ on the site*
*runs off*

Quote from:  FAQ
At the time of writing Batch #3 is on sale

You're going to break my f5 key.

This may mean it will go live soon.  I hope so.

full member
Activity: 265
Merit: 100
*is currently updating the FAQ on the site*
*runs off*

Quote from:  FAQ
At the time of writing Batch #3 is on sale

You're going to break my f5 key.
full member
Activity: 210
Merit: 100
Price just lowered to 75BTCs.

Let's all bitch some more so they'll continue to lower it.

75?? Highway robbery! I won't breakeven for a whole 6 months!! Outrageous!
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
*is currently updating the FAQ on the site*
*runs off*

Thanks for the update.  Any word on the newsletter.  I would like to plan my week around yours Smiley
sr. member
Activity: 434
Merit: 250
Price just lowered to 75BTCs.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
2. Exchange rate is in no way guaranteed to stay at current value. A drop back to ~ 20 USD seems likely. Especially when all people interested in buying an Avalon unit bought enough bitcoins. Demand will drop, so will the price.

ROFL then why price it only in BTC?!?
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